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$325,000
260 Days Online

Lotus Path
Mascotte, FL 34753

For Sale|Land|Pending
County:
Lake
Call Now: 689-465-5611
Is this the home for you? We can help make it yours.
689-465-5611
Lotus PathLotus PathLotus PathLotus Path
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Under contract-accepting backup offers. The Hibiscus Reserve project already has a Future Land Use designation for Planned Unit Development - Downtown Mixed Use (PUD-DM), which allows for a variety of uses and a density of 12 dwelling units per acre. With 4.5+ high and dry acres that could mean up to 54 units. This parcel is right off of SR-50, a major growth corridor, with the current 2-lane road expanding to a 4-lane that will run from I-75 east past Mascotte and Groveland. With SR-33 just a couple of miles up the road, Mascotte is ideally positioned for growth. Mascotte has seen 18.25% in population growth over the last few years with developments from national builders like Maronda Homes, KB Homes, Richmond America, and LGI Homes popping up all over town. With such a shortage of affordable housing options, small towns like Mascotte that are situated so close to larger town centers like Clermont, new housing developments are a welcome addition to the community. The property has already been cleared with easy access to SR-50 via Hibiscus Ave and Palmwood Ave. The only thing left is to entitle it and develop the property for a multifamily or mixed use project.

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Listing Snapshot
Price 
$325,000
Days Online 
260 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
4.5 Acres
Year Built 
N/A
MLS Number 
G5066833
Status 
Pending
Property Tax 
$3,568
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS
3 months agoStatus changed to Pending
7 months agoPrice changed to $325,000
9 months agoListing first seen online
General Features
Sewer 
None
Acreage 
4.5
Water 
None
Ownership 
Fee Simple
Parcel Number 
10-22-24-0200-000-00500
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Exterior Features
Waterfront Property 
No
Lot 
BuildableCity LimitsLevel
Community Features
Township 
22
MLS Area 
34753 - Mascotte
Listing courtesy of KELLER WILLIAMS ELITE PARTNERS III REALTY 321-527-5111



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2023, Stellar MLS.
Data last updated at: 2023-12-10 03:10 AM EST

Neighborhood & Commute
Source: Walkscore
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